Lakeside Companies is a family firm that owns and manages assets across a diverse portfolio to help grow and strengthen communities in the Inland Northwest and beyond.
When John Hemmingson founded Lakeside Companies in 1997, he set out to create a firm that was small and nimble enough to seize business opportunities as they arose, but big enough to transform our region by adding well-paying jobs and attracting industry. More than two decades later, Lakeside Companies management has built a portfolio that has made us a business leader in the region, while allowing us to devote both time and resources to meaningful philanthropic work.
Today, our family of endeavors includes assets in real estate, agriculture, industrials, public equity and direct private equity. We are building world-class businesses and remain dedicated to sustainable growth and investments.
Founded in 1997 by John Hemmingson, Lakeside Companies was always designed to transform our region by attracting industry and adding well-paying jobs. See our milestone moments below:
- John Hemmingson founded Lakeside Capital Group with the goal of attracting industry & jobs to Spokane & Coeur d’Alene
Lakeside made its first investment in Assessment Technologies Institute (ATI)
Lakeside sold ATI to Ascend Learning and Providence Equity Partners for $220mm
Lakeside made its first investment in Advanced Thermoplastic Composites Manufacturing (ATC Manufacturing)
Lakeside invested in local banks to bolster their capital bases
Lakeside started investing in land for farming and homebuilding in the Inland Northwest
Lakeside founded Coeur Development for further vertical integration
ATC Manufacturing moved to a new 67,000 SQFT facility
Reliable Industrial Group partnered with ExxonMobil to provide maintenance and reliability services through Exxon’s Mobil Serv program.
Lakeside purchased the Flint Road Building (formerly Triumph Composite Systems, Inc.) in Spokane, Wa.
Reliable Industrial Group was acquired by Blue Wolf Performance Solutions.